2024-11-15T17:23:00-05:00 2024-06-30 410978542 HOFFMAN & BROBST PLLP PO BOX 548 MARSHALL MN 56258 990 2023-07-01 237108470 SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION SOUT 5075326265 FOUNDERS HALL 1501 STATE STREET MARSHALL MN 56258 BRAD BACON PRESIDENT 5075377427 2024-10-15 true true ERIC EBEN CPA P00946594 5075325735 2024-11-12 2023 2024-10-15 13:58:12Z BRAD BACON FOUNDERS HALL 1500 STATE ST MARSHALL MN 56258 41101658 false X WWW.SMSUFOUNDATION.ORG X 1963 MN TO PROMOTE SOUTHWEST MINNESOTA STATE UNIVERSITY AND RAISE MONEY FOR SCHOLARSHIPS FOR STUDENTS. 18 18 0 52 189990 62 6663337 2628570 130249 336004 547906 2877120 380218 491937 7721710 6333631 1646487 2178324 0 288443 333191 0 183933 719771 1234999 2654701 3746514 5067009 2587117 28630680 30694384 3335261 2666256 25295419 28028128 TO PROMOTE SOUTHWEST MINNESOTA STATE UNIVERSITY AND RAISE MONEY FOR SCHOLARSHIPS FOR STUDENTS. false false 1351533 1351533 SCHOLARSHIPS: A SPECIFIC GIFT APPLIES TOWARD TUITION AND FEES FOR STUDENTS WHO DEMONSTRATE ACADEMIC AND/OR ATHLETIC LEADERSHIP, TO CONTINUE THEIR STUDIES AT SOUTHWEST MINNESOTA STATE UNIVERSITY. 1464089 826791 336004 UNIVERSITY PROMOTION AND RECRUITMENT: MONIES USED TO PROMOTE SOUTHWEST MINNESOTA STATE UNIVERSITY THROUGH THE ADVERTISING MEDIA AND TO RECRUIT OUTSTANDING INDIVIDUALS TO ATTEND SOUTHWEST MINNESOTA STATE UNIVERSITY. 2815622 true true false false false false false true false true true false false false true false true false false false false false false false true false false true true false false false false false false false false false true false false false false false false false false false 18 0 true 0 true true false false false false false false false X 18 18 false false false false false false false true true false false false false false false false false false MN X NATHAN POLFLIET 5075376265 1501 STATE STREET MARSHALL MN 56258 X DORENE KRONKE-MCCOURT DIRECTOR X 0 0 0 KRISTI MUKOMELA SECRETARY/TR X 0 0 0 JULIE BLEYHL DIRECTOR X 0 0 0 TINA CARTWRIGHT DIRECTOR X 0 0 0 JERRY BLY DIRECTOR X 0 0 0 TIMOTHY BURNS DIRECTOR X 0 0 0 CINDY VERSCHAETSE 2ND VICE PRE X 0 0 0 LEE FRENCH DIRECTOR X 0 0 0 DAVE WERPY PAST PRESIDE X 0 0 0 BRAD BACON PRESIDENT 1.00 0.00 X 0 0 0 DUANE CARROW DIRECTOR X 0 0 0 JOE ROERS DIRECTOR X 0 0 0 NEAL WAHLMAN DIRECTOR X 0 0 0 TYLER BOWEN DIRECTOR X 0 0 0 JIM FUHRMANN DIRECTOR X 0 0 0 ROBERT GUNTHER DIRECTOR X 0 0 0 JASON HOFFMAN DIRECTOR X 0 0 0 BRIAN KNOCHENMUS DIRECTOR X 0 0 0 false false false 35818 772847 1819905 330712 2628570 INTERNAL TRUSTEE FEES 336004 336004 336004 493085 493085 877056 682596 194460 194460 194460 36349423 53763 34019151 2330272 53763 2384035 2330272 53763 169677 35818 66182 103495 98 -98 -98 ADVERTISING REVENUE 541800 189990 189990 INCREASE IN CV LIFE INSURANCE 2750 2750 ATM INCOME 1340 1340 194080 6333631 2330272 189990 1081304 826791 826791 1351533 1351533 333191 156574 176617 17760 16553 1207 168983 15646 129672 23665 352735 2467 331569 18699 221150 206987 8889 5274 936 936 22274 22212 62 6808 527 3868 2413 PAYMENTS TO OTHERS 139334 93736 43972 1626 SERVICE CONTRACTS 103642 71420 18915 13307 RECEPTIONS AND SOCIALS 91795 21227 2288 68280 LOSS ON DISPOSAL 48700 48700 60882 29949 30233 700 3746514 2815622 746959 183933 162290 294652 1796939 2747472 3501039 2627289 848 428 22459 22361 6014 42727 8777303 4614496 4476010 4162807 18209368 20400580 49130 41674 406583 354394 28630680 30694384 74618 29884 1113616 800858 2147027 1835514 3335261 2666256 X 330089 1284541 24965330 26743587 25295419 28028128 28630680 30694384 X 2587117 145592 X false true X true false X 3244220 2223808 2794624 6663337 2628570 17554559 444481 449179 224599 1118259 3688701 2672987 3019223 6663337 2628570 18672818 18672818 1104519 1061760 1314207 1436601 1370141 6287228 255041 298822 136209 153278 340218 1183568 3441 2583 2420 2579 4090 15113 26158727 846049 0.71380 0.74830 X PART II, LINE 10 OTHER INCOME 11,023 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 284945 X false 18237767 939081 2758329 494697 170276 336004 20934200 14180633 3271462 1471274 336151 219202 130249 18237767 16274225 504230 -1920354 322724 174793 179951 14180633 13864271 331657 2743251 322906 69913 272135 16274225 13615685 1063450 647992 283214 918142 261500 13864271 0.00500 0.98000 0.01500 false false 746372 60000 806372 7968311 4611876 3356435 2620 2620 4162807 LONG-TERM DEBT 1835514 1835514 7695432 145593 474216 741992 1361801 6333631 6333631 4962722 474216 741992 1216208 3746514 3746514 SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL EXPENSES 682,595 FUNDRAISING EXPENSE 59,397 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 682,595 FUNDRAISING EXPENSE 59,397 GOLD RUSH RAFFL 149035 23830 125205 6933 40999 UNIVERSITY GALA 44764 11988 32776 2579 9462 1 11696 11696 135 6074 205495 35818 169677 9647 56535 66182 103495 true SOUTHWEST ST UNIVER 1501 STATE STREET MARSHALL MN 56258 826791 UNIVERSITY SUPPORT SCHOLARSHIPS - FOUNDATION 1351533 X 4 330712 false false false FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9 RENTAL EXPENSES 682,595 FUNDRAISING EXPENSE 59,397 RENTAL EXPENSES -682,595 FUNDRAISING EXPENSE -59,397